August 2026 Brings Record-Strength Buyer's Market in U.S.
Redfin reports a 58% gap between sellers and buyers, with the Sun Belt driving the shift.
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Redfin reports a 58% gap between sellers and buyers, with the Sun Belt driving the shift.
A new Redfin survey finds that 22% of Americans planning an out-of-state relocation cite better weather as a motivating factor - edging out affordability, job opportunities, and proximity to family.
Roughly 47,000 U.S. home-sale contracts fell apart in April, but the cancellation rate edged down slightly as sellers grew more flexible and buyers adjusted to elevated mortgage costs.
The share of home sellers reducing their asking prices has pulled back from a record high, signaling a modest shift in negotiating power — though buyers still hold the upper hand in many markets.
Redfin data shows the seller-to-buyer imbalance shrank for the fourth consecutive month in April, as improved job-market sentiment pulled more shoppers back into the housing market.
After months of growing buyer leverage, the gap between home sellers and buyers finally began to narrow in April 2026, signaling a potential turning point in the U.S. housing market.